Source : WAM
The Ras Al Khaimah Chamber of Commerce and Industry has approved a five-year strategy for 2026-2030 aimed at enhancing the business environment and reinforcing the emirate’s position as a regional hub for tourism, industry, and trade.
The strategy, endorsed during the chamber’s regular board meeting chaired by Mohamed Mosbeh Al Nuaimi, also focuses on attracting foreign investment and international companies, supporting the expansion of local firms into global markets, and developing the emirate’s digital economy.
Prepared by the chamber’s Department of Strategy and Digital Economy, the plan aims to create a competitive and sustainable commercial environment by streamlining procedures, strengthening governance and transparency, and protecting consumers and investors. It also seeks to promote innovation and entrepreneurship by supporting startups and encouraging investment.
Al Nuaimi emphasized that the chamber plays a vital role in attracting foreign investment, promoting the emirate’s economic openness, and supporting the UAE’s Vision 2030 through its various programs and initiatives.
He added that the chamber contributes to resolving commercial disputes through mediation and arbitration, represents the emirate’s economic sectors at international forums, organizes exhibitions, facilitates trade delegations, and collaborates with partners to advance its objectives.
Al Nuaimi noted that the strategy aligns with the UAE’s development plans and will serve as a cornerstone for enhancing Ras Al Khaimah’s reputation as a global centre for investment, trade, and the digital economy.
He stated that adopting the strategy reflects the chamber’s commitment to national priorities and the directives of H.H. Sheikh Saud bin Saqr Al Qasimi, Ruler of Ras Al Khaimah, emphasizing advancement, innovation, sustainability, and global leadership.
Al Nuaimi added, “We have adopted an integrated strategy for the next phase that strengthens public and private sector partnerships and highlights the future role of the Ras Al Khaimah Chamber in shaping the emirate’s economic future.”
